Forex Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Singapore Dollar/Czech Koruna (FOREX:SGDCZK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SGDCZK
The long term trend has been UP since Oct 31st, 2018 at 16.5355
The intermediate term trend has been DOWN since Jan 9th, 2019 at 16.3970
The short term trend has been UP since Jan 15th, 2019 at 16.4940
Smart Scan Analysis for SGDCZK
Based on a pre-defined weighted trend formula for chart analysis, SGDCZK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).